中华人民共和国外资保险公司管理条例实施细则 Detailed Rules for Implementation of Regulations of the Peoples Republic of Ch

liability disposal of the branch of such foreign property insurance company shall comply with the regulations concerning dissolution of the joint-equity or wholly-owned property insurance company stipulated in Article 30 of the Regulations and these Rules.

　　Article 42

　　The foreign-funded insurance company in violation of the relevant provisions of these Rules shall be subject to punishment by CIRC acc

ording to the provisions specified in Insurance Law， the Regulations and other relevant laws and regulations.

　　Article 43

　　The documents， materials and written reports to be submitted or reported under the Regulations and these Rules shall be prepared in Chinese version， and the Chinese version shall prevail in the event of discrepancy between the Chinese version and the foreign language version.

　　Article 44

　　The period specified in the Regulations and these Rules shall start from the date when the relevant materials are delivered to CIRC. If the application documents provided by the applicant is incomplete and further delivery is needed， the period shall start from the date when the supplementary materials are delivered to CIRC.

　　The period concerning approval and report delivery prescribed in these Rules refers to working days.

　　Article 45

　　The issues concerning administration of a foreign-funded insurance company that are not specified in the Regulations or these Rules shall be governed by the applicable laws， administrative rules and relevant regulations of CIRC.

　　The establishment of a foreign-funded reinsurance company shall comply with the Regulations on Establishment of Reinsurance Companies. The issues not specified in the Regulations on Establishment of Reinsurance Companies shall be governed by these Rules.

　　Article 46

　　These Rules shall， mutatis mutandis， apply to insurance companies that are established and operated in Chinese mainland by insurance companies from Hong Kong Special Administrative Region， Macao Special Administrative Region or Taiwan region. The issues otherwise stipulated in the laws， administrative rules or administrative protocols shall be governed by the stipulations therein.

　　Article 47

　　These Rules shall come into effect as of June 15， 2004

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